Overview
What is Sacramento Region Community Foundation?
The Sacramento Region Community Foundation, established in 1983, is a leading philanthropic organization based in Sacramento, California. With a team of 18 dedicated professionals, the Foundation facilitates donor-advised and unrestricted grantmaking. It serves as a catalyst for the region's development, promoting transformative and inclusive philanthropy. The organization manages over 500 charitable funds for local families, businesses, and nonprofits, supporting various initiatives to foster a just and thriving Sacramento community.
Official website here: www.sacregcf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating from Charity Navigator.
The Sacramento Region Community Foundation has achieved a strong overall score of 97%, reflecting its high standards in Accountability & Finance. This rating demonstrates a commitment to transparency and effective management, with a perfect score in several key areas, including independent board governance and financial oversight. The foundation's operational efficiency is highlighted by an impressive program expense ratio of over 87%, indicating that a significant portion of funds directly supports its programs.
Strengths of the organization include a fully independent board composed of 18 members and robust policies regarding financial misconduct and document retention. Additionally, the foundation maintains an excellent liability to assets ratio of just 4.96%, which suggests sound financial health. The transparency in financial reporting is underscored by the availability of their tax documents and board meeting minutes, reinforcing trust with stakeholders and the community.
While the data presents a very favorable view of the Sacramento Region Community Foundation, no specific limitations or areas for improvement are noted in the feedback. Overall, the organization exemplifies strong financial practices and accountability, positioning itself as a reliable choice for donors looking to support community-focused initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Sacramento Region Community Foundation legitimate?
Sacramento Region Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sacramento Region Community Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $887,104
Professional Fundraising Fees: $0
Other Salaries and Wages: $904,979
For more financial information, click here
Official website here: www.sacregcf.org
What is the mission statement of Sacramento Region Community Foundation?
The Sacramento Region Community Foundation plays a pivotal role in inspiring and fostering enduring philanthropy, leading and serving the Sacramento region towards a just and vibrant future. Established in 1983 by local visionaries, the Foundation has been a catalyst for transformative giving, offering various philanthropic services. It manages numerous charitable funds for families, businesses, and nonprofits, promoting strategic, inclusive, and forward-thinking philanthropy. By leading and serving, the Sacramento Region Community Foundation seeks to make a lasting impact on the region.
Official website here: www.sacregcf.org
Who is the CEO of Sacramento Region Community Foundation?
Kerry Wood is the Ceo of Sacramento Region Community Foundation. The CEO's salary of Sacramento Region Community Foundation is $176,914 and their total compensation is $190,760.
Official website here: www.sacregcf.org
What is the revenue of Sacramento Region Community Foundation?
Sacramento Region Community Foundation's revenue in 2022 was $28,856,627.
Official website here: www.sacregcf.org
Who are the executives of Sacramento Region Community Foundation and what are their salaries?
The average compensation at Sacramento Region Community Foundation during 2022 was $99,560. There are 18 employees and 50 volunteers at Sacramento Region Community Foundation.
Here are 23 key members and their salaries (Sacramento Region Community Foundation's CEO's salary is $176,914 and their total compensation is $190,760):
- Compensation: $243,760
- Related: $0
- Other: $30,518
- Compensation: $174,221
- Related: $0
- Other: $31,763
- Compensation: $176,914
- Related: $0
- Other: $13,846
- Compensation: $158,000
- Related: $0
- Other: $12,610
- Compensation: $134,208
- Related: $0
- Other: $21,377
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Official website here: www.sacregcf.org
Where can I find the form 990 for Sacramento Region Community Foundation?
Sacramento Region Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sacregcf.org
Learn more at the official website: www.sacregcf.org
Mission Statement of Sacramento Region Community Foundation
The Sacramento Region Community Foundation, a pioneering organization founded in 1983 by local visionaries, is dedicated to inspiring, leading, and fostering enduring philanthropy for a fair and thriving Sacramento region. This community-focused foundation acts as a catalyst, encouraging philanthropy that is forward-thinking, strategic, and inclusive.
With its primary role as a provider of philanthropic services, the Sacramento Region Community Foundation has managed countless charitable funds for families, businesses, and nonprofits in the area. By leveraging these resources, the organization serves as a key driver in transforming the region through its grantmaking initiatives, both donor-advised and unrestricted. The foundation's commitment to making a lasting impact on the community is evident in its visionary approach to grantmaking.
The Sacramento Region Community Foundation's mission is multifaceted. Beyond its grantmaking efforts, the organization serves as a leader in the region, inspiring philanthropy and encouraging collaboration among various sectors. By providing philanthropic services, the foundation empowers donors to make a difference in their community, ensuring that their charitable contributions are making the most significant impact possible.
Through its leadership role, the Sacramento Region Community Foundation fosters a culture of giving and encourages a spirit of inclusivity, making philanthropy accessible to a diverse range of individuals and organizations. In doing so, the foundation plays a vital role in ensuring that the Sacramento region continues to prosper and grow, ultimately benefiting the lives of its residents.
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Impact
October, 2024
The Sacramento Region Community Foundation significantly impacts the local community by promoting visionary and inclusive philanthropy, which serves as a catalyst for transformational change in the Sacramento region. Established in 1983 through the dedication of local leaders, it manages hundreds of charitable funds that support families, businesses, and nonprofits, empowering them to make a positive difference in their communities.
Through donor-advised and unrestricted grantmaking, the Foundation fosters a culture of giving that addresses essential community needs and drives social progress. By leading and inspiring enduring philanthropy, it helps ensure that the Sacramento region remains vibrant and equitable for all its residents. Its strategic approach not only amplifies the voices of local contributors but also aligns resources with pressing issues, ultimately enhancing the quality of life across the region.
This information is meant to be a general summary of Sacramento Region Community Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5,927,556
- Program Service Revenue: $115,295
- Gross Receipts: $28,856,627
Assets and Liabilities:
- Total Assets: $171,123,142
- Total Liabilities: $10,440,453
- Net Assets: $160,682,689
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Big Day of Giving
Revenue
$115,295
Organization Details
Founding Year
1983
Phone
(916) 921-7723Principal Officer
Kerry Wood
Main Address
955 University Avenue Suite A, Sacramento, CA, 95825
Website
www.sacregcf.orgNTEE Category
Code: T310 - Philanthropy
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